Frasers demands that Boohoo chair Kamani is replaced by Mike Ashley

Boohoo_INDEX

In the latest escalation of the public war of words between the two retailers, Frasers has this morning publicly called for Boohoo founder and chair Mahmud Kamani to step down.

In a note to shareholders published this morning, Frasers have called another shareholder meeting in a bid to oust Boohoo executive chair Mahmud Kamani and replace him with Mike Ashley in order to protect shareholder value.

 

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